Overview of Gurande Ikeda 2 Suigetsu Kouen (グランデ池田２水月公園)
Gurande Ikeda 2 Suigetsu Kouen (グランデ池田２水月公園) is a 25-year-old condominium located at Ikeda Shi Hachi Tsuka 3 Choume 3-28 (池田市鉢塚3丁目3-28), Osaka, Japan. Built in 2001, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Kamitani Koumuten (紙谷工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥42.3万/sqm (approx. $2,821/sqm or $262/sqft).
Location & Neighborhood
The property is located at Ikeda Shi Hachi Tsuka 3 Choume 3-28 (池田市鉢塚3丁目3-28), Osaka, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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